Looking to diversify beyond FTIHX? The mutual funds below have the lowest correlation with FTIHX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FTIHX.
Best Diversifiers for FTIHX
74 mutual funds have low correlation with FTIHX (below 0.3), 3 of which are negatively correlated. The least correlated is Fidelity SAI Inflation-Focused (FIFGX) (Commodities) with a 1Y correlation of -0.17, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity SAI Inflation-Focused | -0.18 | 0.11 | 0.23 | 76 | Commodities | FTIHX vs FIFGX | |
| Fidelity Series Treasury Bill Index Fund | -0.01 | 0.01 | 0.03 | 99 | Ultrashort Bond | FTIHX vs FHQFX | |
| Fidelity Select Energy Portfolio | -0.01 | 0.25 | 0.37 | 79 | Energy Equities | FTIHX vs FSENX | |
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | 0.05 | 0.18 | — | 93 | Inflation-Protected Bonds | FTIHX vs FSTZX | |
| Fidelity Flex Conservative Income Bond Fund | 0.06 | 0.09 | 0.06 | 99 | Total Bond Market | FTIHX vs FJTDX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTIHX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTIHX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.12 | 0.08 | 0.15 | 69 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.09 | 0.10 | 0.23 | 85 | Energy | |
| ConocoPhillips Company | -0.09 | 0.08 | 0.22 | 76 | Energy | |
| Duke Energy Corporation | -0.07 | 0.06 | 0.12 | 53 | Utilities | |
| Chevron Corporation | -0.05 | 0.11 | 0.24 | 83 | Energy |
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Build a portfolio that complements FTIHX
Add FTIHX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FTIHX